CORRECTED: IFR-US CREDIT-Chrysler tweaks deal to meet demand

Newswire

(Corrects date of start of roadshow to May from March) by Michelle Sierra and Joy Ferguson NEW YORK, May 20 (IFR) - Chrysler Group LLC kept US market participants tied to their seats this week as it tweaked the terms and structure of its refinancing package to keep up with demand. Chrysler executives, led by Chief Executive Sergio Marchionne, had been meeting with potential investors since early May to market a $3.5bn six-year term loan and $2.5bn of second-lien senior secured bonds, ...

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